Watch List notes:

Balbinus AR Denarius. Rome, circa April-June AD 238. IMP C D CAEL BALBINVS AVG, laureate, draped and cuirassed bust to right / IOVI CONSERVATORI, Jupiter standing facing, head to left, holding thunderbolt in right hand and long sceptre in left. RIC IV 2; BMCRE 22; RSC 8. 3.19g, 21mm, 1h.

Previously NGC graded MS 5/5 - 4/5, Fine Style (#5880398-001). An exceptional portrait, and a rare type.

Ex Peter Stagnetto Collection of Ancient Coins;
Ex Spink & Son Ltd., Numismatic Circular CIX.3, June 2001, No. RM0383.